Placemakr Opens Flex-Living Community in Nashville
Located in Nashville, the property will offer hotel stays, short-term rentals and long-term housing.
Alternative lodging company Placemakr has expanded the footprint of its flexible living platform with a new location in Nashville. The tech-enabled flex-use hospitality and multifamily operator plans to start booking guests at Placemakr Wedgewood-Houston on March 14.
The property was previously the Bento Living Chestnut Hill building, which also featured a flexible turnkey-style concept. Placemakr typically partners with developers, property owners and investors on its projects.
Placemakr’s latest Nashville location, Wedgewood-Houston will offer 89 furnished apartments that are designed for nightly hotel stays, short-term rentals or long-term housing. Studio, one-, two- and five-bedroom units are available and include cleaning supplies, toilet paper, paper towels, dish soap and laundry detergent, with some apartments offering in-unit washer and dryer units. Tenants will also have access to housekeeping services, as well as an all-day customer support team located onsite.
Amenities will include a rooftop terrace, fitness center, bodega, coffee bar, on-site restaurant and meeting spaces. Located at 321 Hart St., the property is near downtown Nashville.
Spreading the flex living concept
This is Placemakr’s third such location in Nashville. In February, the company opened WhyHotel by Placemakr, a pop-up hotel concept in downtown Columbia, Md., offering short-term residential rentals alongside shorter hotel stays. Prior to that, Placemakr worked with MRP Realty, Kruger Real Estate and May Riegler on Coda on Half, a boutique apartment building in Washington, D.C., which began leasing for short- and long-term stays in July 2022.
Placemakr’s portfolio includes several locations in the Washington, D.C., and Nashville areas, as well as properties in New York City and San Jose, Calif. The company is aiming to announce more projects this year, with plans for new partnerships. The flex living sector has gained some momentum following the post-COVID surge in remote working.